8-K
filed May 25, 2023, 7:59 PM ET
ticker MBWM
CIK 0001042729
other
confidence high
sentiment neutral
materiality 0.10
Mercantile Bank shareholders elect all six directors, approve 2023 incentive plan and auditor
MERCANTILE BANK CORP
- Each of six director nominees elected with 9.2M-9.5M votes for; David Ramaker received 8.26M for, 1.45M withheld.
- Stock Incentive Plan of 2023 approved with 9.23M votes for, 458,822 against, 16,466 abstentions.
- Ratification of Plante & Moran as auditor for 2023 passed with 12.44M votes for, 68,537 against.
- Advisory vote on named executive officer compensation approved with 9.48M votes for, 195,851 against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MERCANTILE BANK CORP shareholders approved Ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2023 at the 2023-05-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2023 were as follows: Votes For Votes Against Abstentions Broker Non-Votes 12,443,677 68,537 9,793 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MERCANTILE BANK CORP shareholders approved Election of six directors, each for a one-year term at the 2023-05-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
The votes cast on the election of directors were as follows: Nominee Votes For Votes Withheld Abstentions Broker Non-Votes David M. Cassard 9,241,879 468,123 0 2,812,004 Michael S. Davenport 9,327,945 382,057 0 2,812,004 Michelle L. Eldridge 9,386,324 323,679 0 2,812,004 Robert B. Kaminski, Jr. 9,509,677 200,325 0 2,812,004 Michael H. Price 9,520,730 189,273 0 2,812,004 David B. Ramaker 8,262,894 1,447,108 0 2,812,004
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MERCANTILE BANK CORP shareholders approved Approval of the Mercantile Bank Corporation Stock Incentive Plan of 2023 at the 2023-05-25 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
The votes cast to approve the Mercantile Bank Corporation Stock Incentive Plan of 2023 were as follows: Votes For Votes Against Abstentions Broker Non-Votes 9,234,713 458,822 16,466 2,812,004
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MERCANTILE BANK CORP shareholders approved Advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting at the 2023-05-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
The votes cast on the advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting were as follows: Votes For Votes Against Abstentions Broker Non-Votes 9,480,832 195,851 33,318 2,812,004
View on SEC.gov
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